Sanjay Borad
Sanjay Borad

Oct 5, 2021

·
1 min read

Prime Cost — Meaning, Formula, Importance And More

Prime Cost – Meaning, Formula, Importance And More

What is Prime Cost?

Prime Cost (or Flat Cost or First Cost) in managerial accounting is the direct cost that the company incurs in manufacturing a product or providing a service.

--

--

More from Sanjay Borad

Recommended from Medium

Zach Perilstein

Zach Perilstein

in

Boardwalk Times

Kartika Rodriguez Named Vice President of EPCOT

Nicholas Mitsakos

Nicholas Mitsakos

A Few Simple Conclusions on a Few Simple Topics

Olaf Wrieden

Olaf Wrieden

What a Law Student Hackathon taught me about Innovation

James Sandberg

James Sandberg

New Sales Enablement Report: 74% of Orgs to Increase Spend in 2023

Sallie Jian

Sallie Jian

Inclusive Entrepreneurship at SAP

Marvin Liao

Marvin Liao

Silicon Valley Companies should NOT be Role Models for Management Systems

Priscilla Rajan

Priscilla Rajan

COVID-19 Marketing Grants and Aid for Small Businesses to Survive the Pandemic

COVID-19 Support for Small Businesses
happytourism

happytourism

Gurkha Bourbon: Advantages of Starting a Whiskey Business

AboutHelpTermsPrivacy


Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Get unlimited access
Sanjay Borad

Sanjay Borad

1 Follower

Help

Status

Writers

Blog

Careers

Privacy

Terms

About

Text to speech